Franklin Municipal Green Bond ETF (FLMB) Price, Holdings, & News

ETF Overview

The Franklin Municipal Green Bond ETF (FLMB) is an exchange-traded fund that is based on the Bloomberg Municipal Managed Money index. The fund is an actively managed fund that invests primarily in investment-grade municipal bonds, with a broad range in maturities, that intend to finance projects promoting environmental sustainability. FLMB was launched on Aug 31, 2017 and is managed by Franklin Templeton.

Key Stats

• Today's Range: $23.84 to $23.92
• 50-Day Range: $23.48 to $24.08
• 52-Week Range: $23.04 to $24.47
• Volume: 74,790 shs
• Average Volume: 15,926 shs
• Market Capitalization: $110.90 million
• Assets Under Management: $105.10 million
• Dividend Yield: 2.73%
• Net Expense Ratio: 0.30%
• Aggregate Rating: N/A

FLMB ETF - Frequently Asked Questions

How have FLMB shares performed this year?

Franklin Municipal Green Bond ETF's stock was trading at $23.81 on January 1st, 2025. Since then, FLMB stock has increased by 0.2% and is now trading at $23.85.
View the best growth stocks for 2025 here.

Who are Franklin Municipal Green Bond ETF's major shareholders?

Franklin Municipal Green Bond ETF's top institutional investors include Franklin Resources Inc. (63.94%), Thrivent Financial for Lutherans (3.55%), Seeds Investor LLC (1.07%) and Private Advisor Group LLC (0.91%).

How do I buy shares of Franklin Municipal Green Bond ETF?

Shares of FLMB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Franklin Municipal Green Bond ETF own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Franklin Municipal Green Bond ETF investors own include Range Resources (RRL), Valens GroWorks (VGW), Via Renewables (VIA), Baidu (BIDU), Bloom Energy (BE), Arconic (ARNC) and Apollo Global Management (APO).

Fund Details

• Issuer: Franklin Templeton Investments
• Fund Name: Franklin Municipal Green Bond ETF
• Tax Classification: Regulated Investment Company
• Stock Exchange: NYSEARCA
• Current Symbol: NYSEARCA:FLMB
• Inception Date: 8/31/2017
• Fund Manager: Ben Barber, Daniel Workman, Francisco Rivera, James Conn
• Web: N/A
• Phone: N/A

Fund Focus

• Asset Class: Fixed Income
• Benchmark: N/A
• Category: Municipals
• Focus: Investment Grade
• Development Level: Developed Markets
• Region: North America
• Number of Holdings: 133

Fund Statistics

• Assets Under Management: $105.10 million
• Average Daily Volume: $14,253.40
• Discount/Premium: -0.01%

Administrator, Advisor and Custodian

• Administrator: Franklin Templeton Services, LLC
• Advisor: Franklin Advisers, Inc.
• Custodian: State Street Bank and Trust Company
• Distributor: Franklin Templeton Distributors, Inc.
• Transfer Agent: State Street Bank and Trust Company
• Trustee: N/A
• Lead Market Maker: Flow Traders

Options

• Optionable: N/A
• Short Interest: 1,900 shs

Miscellaneous

• Outstanding Shares: 4,650,000
• Beta: 0.11
• Creation Unit: 100,000
• Creation Fee: $500.00